How did inflation data impact the markets?

The data showed a slowdown in inflation, boosting hopes that the Fed may ease rate hikes, supporting equities.

Which banks reported earnings?

Bank of America, JPMorgan Chase, Wells Fargo, Citigroup, and Goldman Sachs reported results.

US Equity Markets Mostly Higher on Inflation Data, Bank Earnings

US equity indexes were mostly higher intraday as traders assessed the latest inflation data and bank earnings. The Dow, S&P 500, and Nasdaq posted modest gains.

July 14, 2026

2 min read

Source: MT Newswires

US benchmark equity indexes were mostly higher intraday on Thursday as traders assessed the latest inflation data and a batch of bank earnings.

Details

The Dow Jones Industrial Average rose modestly, while the S&P 500 also gained. The Nasdaq Composite was mixed. The moves came after inflation data showed a slight slowdown, boosting hopes that the Federal Reserve may ease its pace of interest rate hikes.

In the banking sector, several major banks reported second-quarter results. Bank of America (BAC), JPMorgan Chase (JPM), and Wells Fargo (WFC) showed strong performance in some areas, while Citigroup (C) and Goldman Sachs (GS) faced challenges.

Context

The gains come after a period of market volatility due to recession fears and persistent inflation. However, the latest inflation data and bank earnings may provide some reassurance to investors.

What It Means for Investors

The market moves suggest investors remain cautious but cautiously optimistic. Slowing inflation could reduce pressure on the Fed to raise rates, supporting equities. However, continued challenges in the banking sector may cap gains.

Frequently Asked Questions

Indexes rose as investors assessed inflation data showing a slowdown and bank earnings reports.

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This article was rewritten in Wrqti's editorial style based on information from the original source above. Content is informational only — not investment advice.